Multiple Choice Question

An investor will receive equal payments of $$700$ for four years, and the first payment will be received one year from now. What is the present value of these payments if the interest rate is $9\%?($Round your answer to two decimal places.$)$

Multiple choice question.

$$2,379\mathrm{.}87$

$$2,267\mathrm{.}80$

$$763\mathrm{.}45$

$$2,081\mathrm{.}50$